Anglo American lowers output guidance after quarterly drop
Company's Q1 production fell 10% year on year, partly owing to operations running at reduced capacity because of higher rates of covid-19 infections among workers.
Independent power producer Vistra said it would shutter seven plants, while Peabody and Arch Resources scrapped a planned JV aimed at cutting production costs.
Carbon emissions will peak sometime between 2025 and 2030, and total energy demand will start to decline around 2035, according to a new report from Tsinghua University.